About Aljazira Japanese Equities Fund
Aljazira Japanese Equities Fund is an investment fund profile on SNDUK. This page explains Aljazira Japanese Equities Fund performance, key fund facts, and investment strategy for investors comparing funds in Saudi Arabia.
Aljazira Japanese Equities Fund is managed by Aljazira Capital. Fund type: equity. Fund code: AJE. Assets under management: 53092816. Minimum investment: 2000 دولار. Inception date: 2/17/2000.
Aljazira Japanese Equities Fund is an open-ended public investment fund that is compliant with Shariah standards and managed by Aljazira Capital. The Fund aims to provide participation in the Japanese equity market and achieve long-term capital growth while seeking to achieve a return exceeding the growth rate of the Dow Jones Islamic Market Japan Total Return Index used as the Fund’s benchmark. The Fund is classified as a high-risk fund.
The Fund follows an active management approach and multiple strategies that adapt to changing economic conditions. The Fund Manager also adopts a top-down strategy when identifying securities expected to achieve long-term capital growth, relying on available company research and economic research, including indicators such as return on investment and price-to-earnings ratio. NOMURA ISLAMIC ASSET MANAGEMENT SDN BHD acts as the Fund’s sub-fund manager.
The Fund’s assets are invested in a diversified portfolio of Shariah-compliant shares of Japanese companies listed on Japanese equity markets, with the possibility of investing in similar investment funds. The investment policy sets asset ranges whereby investments in shares listed in the Japanese market range between 65% and 100% of the Fund’s net assets, investments in Japanese equity investment funds range between 0% and 25%, and cash between 0% and 10%. The Fund may also invest available liquidity in long- or short-term Murabaha transactions, provided that this does not conflict with its principal objectives.
Subscriptions and redemptions are processed from Sunday to Thursday, and subscription or redemption requests must be received before 12:30 p.m. on the business day preceding the dealing and valuation day, with the subscription amount received in the case of a subscription. The unit price is announced on the business day following the dealing and valuation day, while the redemption proceeds are paid within up to four business days from the end of the dealing day on which the request was executed.
Aljazira Japanese Equities Fund fund details
Aljazira Japanese Equities Fund is managed by Aljazira Capital. The asset manager oversees portfolio decisions and fund operations for Aljazira Japanese Equities Fund.
Aljazira Japanese Equities Fund is classified as a equity fund, which shapes its risk profile and investment universe.
Investors can identify Aljazira Japanese Equities Fund in market data using fund code AJE.
Aljazira Japanese Equities Fund reports assets under management of 53092816.
The minimum investment amount to participate in Aljazira Japanese Equities Fund is 2000 دولار.
Aljazira Japanese Equities Fund was launched on 2/17/2000, giving investors a track record to evaluate long-term performance.
Aljazira Japanese Equities Fund performance summary
Return over 1 week: -3.9283%. Return over 1 month: +3.89%. Return over 3 months: +2.5175%. Return over 6 months: +6.2133%. Return over 1 year: +22.1754%. Return over since inception: +284.1001%.
Use this SNDUK fund page to review Aljazira Japanese Equities Fund returns, manager details, and strategy before investing.
SNDUK publishes Aljazira Japanese Equities Fund data to help investors compare investment funds in Saudi Arabia with transparent performance and fund information.
